deposit account
noun
chiefly British
: a bank account in which people keep money that they want to save : savings account
Examples of deposit account in a Sentence
Recent Examples on the Web
For example, larger companies easily could exceed $250,000 in a deposit account dedicated to meeting payroll disbursements, Gruenberg said.
—
Russ Wiles, USA TODAY, 24 Jan. 2025
Bank deposit account fees decreased by 26% to $152 million, attributed to lower average BDA balances.
—Quartz Bot, Quartz, 8 Nov. 2024
Noninterest income was $84.8 million, up from $76.8 million, driven by increases in deposit account fees and lending fees.
—Quartz Bot, Quartz, 8 Nov. 2024
An overdraft fee is charged when the bank or credit union covers a deposit account holder’s transaction — a payment, withdrawal, debit or transfer when there is not enough money in that account.
—Jordan Valinsky, CNN, 12 Dec. 2024
Relationship discount Flagstar customers who sign up for autopay using a Flagstar deposit account can qualify for a 0.25% discount on a home equity loan or HELOC.
—Kelsey Neubauer, CNBC, 27 Nov. 2024
Attorney then talked the two into taking $90,000 out of a deposit account that was being used to pay nursing home expenses, and instead place it into a Mutual Fund.
—Jay Adkisson, Forbes, 21 Oct. 2024
Bank of America researchers looked at aggregated and anonymized internal deposit account data across millions of customers to track job-to-job (J2J) moves.
—Bysheryl Estrada, Fortune, 5 July 2024
Changes to bank deposit account agreements are common—many banks have used them to restrict customers’ ability to settle disputes in court, instead mandating arbitration.
—Alana Semuels, TIME, 13 June 2024
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Russ Wiles, USA TODAY, 24 Jan. 2025
Bank deposit account fees decreased by 26% to $152 million, attributed to lower average BDA balances.
—Quartz Bot, Quartz, 8 Nov. 2024
Noninterest income was $84.8 million, up from $76.8 million, driven by increases in deposit account fees and lending fees.
—Quartz Bot, Quartz, 8 Nov. 2024
An overdraft fee is charged when the bank or credit union covers a deposit account holder’s transaction — a payment, withdrawal, debit or transfer when there is not enough money in that account.
—Jordan Valinsky, CNN, 12 Dec. 2024
Relationship discount Flagstar customers who sign up for autopay using a Flagstar deposit account can qualify for a 0.25% discount on a home equity loan or HELOC.
—Kelsey Neubauer, CNBC, 27 Nov. 2024
Attorney then talked the two into taking $90,000 out of a deposit account that was being used to pay nursing home expenses, and instead place it into a Mutual Fund.
—Jay Adkisson, Forbes, 21 Oct. 2024
Bank of America researchers looked at aggregated and anonymized internal deposit account data across millions of customers to track job-to-job (J2J) moves.
—Bysheryl Estrada, Fortune, 5 July 2024
Changes to bank deposit account agreements are common—many banks have used them to restrict customers’ ability to settle disputes in court, instead mandating arbitration.
—Alana Semuels, TIME, 13 June 2024
Dictionary Entries Near deposit account
Cite this Entry
“Deposit account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deposit%20account. Accessed 5 Feb. 2025.
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